Ruhm Insurance Agency, LLC
(513) 335-2465

Ruhm Insurance Agency, LLC (513) 335-2465Ruhm Insurance Agency, LLC (513) 335-2465Ruhm Insurance Agency, LLC (513) 335-2465

Ruhm Insurance Agency, LLC
(513) 335-2465

Ruhm Insurance Agency, LLC (513) 335-2465Ruhm Insurance Agency, LLC (513) 335-2465Ruhm Insurance Agency, LLC (513) 335-2465
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Medicare Supplements

Medicare SupplementsMedicare SupplementsMedicare Supplements

Insuring Peace of Mind

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Medicare Supplements

Medicare SupplementsMedicare SupplementsMedicare Supplements

Insuring Peace of Mind

Get a Quote

Medicare Supplements 101


Medicare Supplement plans sometimes referred to as Medigap plans provide peace of mind.  Original Medicare Parts A & B pay first and they must both be in place to get a plan. The Medicare Supplement you choose will help pick up much or all of the remaining approved Medicare costs.  If you aged into Medicare before 1/1/2020, Plan F is the most comprehensive plan and it picks up all the cost. If you age in after 1/1/2020, Plan G is the most comprehensive and you will have some cost sharing on the Part B deductible. 


I have informative video's below:  1. The three most popular plans overview. 2. My favorite plan-High Deductible G. 3. Top Medicare supplement declines. 4. Why pre-existing conditions are typically not a concern. 


Why Medicare Supplements?


  • Medicare Supplements provide predictable healthcare spending outcomes.  They have low out of pocket exposure outside of your premium.  
  • You can choose any doctor or hospital that accepts Medicare. 100% of hospitals and approximately 95% of physicians nationwide.  
  • No referrals necessary, simplifying seeing a specialist of your choice.  Especially in highly skilled fields.
  • If travelling, you don't have to worry. You can use your plan anywhere without having to make sure you're in the network. 
  • Standardized plans across the country.  It's the same plan no matter what company you choose or where you live.
  • You may change plans anytime.  


When can I change my Medicare Supplement?


You can shop Medicare Supplement plans anytime. The kicker: outside the initial 6-month Medicare supplement open enrollment window (Part B effective date), you will be asked medical questions and may not qualify (see top Medicare supplement decline video below). Unfortunately, some people could be with one plan for life depending on health. Therefore, it's important to pick the right plan and not the cheapest.


Why Switch?


You will see increases in premiums as you age (see Medigap G vs HDG Rate Inflation Video below).  I have literally saved people $100's to $2724 in a year.   Who should get a quote or consider switching? 1. You're new to Medicare 2. You've been with the same carrier for 5+ years. 3.  You have Plan F and you consider yourself healthy. 4. You have no idea what plan you have or who helped you get it. You will have me from start to finish and any questions along the way.

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Medicare Supplement Video Series

Medicare Supplement Plan G, N or High Deductible G (HDG)?


These plans are the ones chosen the most. There is a plan for each budget and risk appetite. Detailed info below on Plans G & High Deductible G.


If you prefer reading over my video, this blog goes over all the Medicare plans. 

Plan G vs Plan High Deductible G (HDG) and how a 6% annual rate increase over 16 years may guide you. 


Learn how you can save $26,493 in premium over 16 years with plan HDG. Like what you see? Get a no-obligation quote.


Additional info a little further down on High Deductible g and in this blog.

Plan HDG + Hospital Indemnity.


This solution ayou to focus on getting better. Depending how you tailor the plan, you will likley be all in under $70-$100 a month with Medicare Supplement HDG & GTL Hospital Indemnity.you on a good budget and addressing concerns.


This solution allows you to focus on getting better, not $2490. Depending how you tailor the plan, you will likley be all in under $70-$100 a month with Medicare Supplement HDG & GTL Hospital Indemnity.

Top Medicare Supplement Declines


Learn when you can get a Medicare Supplement outside of your Initial Medicare Supplement election and why you may be declined. If you prefer reading, it's all in my blog.

Medicare Supplements & Pre-Existing Conditions


In the majority of situations, you will not have to worry about them. However, if you have a lapse in coverage somehow of 63+ days, they may apply. We address this common concern and how they apply to Medicare Supplements only.

Ameritas Dental & Vision Plans


Unfortunately, Medicare does not cover dental and vision. Medicare does cover diseases of the eye ie; cataracts, glaucoma, etc. While I'm not a huge fan of vision insurance. I personally have and like the Ameritas plan. It's a robust network and it has nice benefits.  Click on this link for a quote.

Why choose a Medicare Supplement vs Medicare Advantage

If you like simplicity, standardized plans across the country and predictable outcomes, Medicare Supplements are for you. If you don't mind navigating networks (HMO, PPO, PFFS) paying copays (some large), not being able to use your plan anywhere, and large max out of pockets in many areas, then Medicare Advantage may be for you.

After 15 years of helping people with Medicare, the only gripe with Medicare Supplements is premium increases. Medicare Advantage it's doctors & hospitals cancelling contracts with the network, troubles finding specialty care and navigating networks as you get up in years and possibly needing to switch plans annually due to significant changes in plan design.  

I'm a big proponent of Medicare Supplement High Deductible G and you will see a few examples why if you continue to explore my site. It's actually the plan that I make the least amount of money on as an agent. If you're in good to excellent health, I don't think there is a more valuable plan.

Med Supp High Deductible G vs Medicare Advantage Blog

How to save $26,493 with High Deductible G

How to save $26,493 with High Deductible G

How to save $26,493 with High Deductible G

How to save $26,493 with High Deductible G

How to save $26,493 with High Deductible G

How to save $26,493 with High Deductible G

Why I always start with Medigap plan HDG

  • Quite simply, it's the least expensive and everyone should know about it. If I were aging into Medicare today, this is the plan I would get.  As a side note; of every possible plan I could sell, this is the one I make the least amount of money on.
  • Original Medicare always pays first with Medicare Supplements, and they negotiate rates extremely well. 
  • HDG mitigates the uncapped cost Medicare could present without a plan at a very low premium. 
  • The 2022 high deductible is $2490. If you have a bad health year, this is the amount you would pay.  Most individuals aging into Medicare have significantly higher out of pocket exposure.
  • If you're familiar with Medicare Advantage plans, the $2490 high deductible on HDG is significantly less than most max out of pockets on those plans.
  • Compared to the most expensive and comprehensive Medigap Plan G, you can save $26,493 in premium over 16 years. At the current deductible of $2490, you could reach it 10.6 times and still save over Medigap plan G (see illustration).  


Who is this plan ideal for?

  • Healthy minded individuals in good to great health.  
  • People who understand high deductible plans and like to keep money in their pockets verse the insurance company. 
  • You understand a few bad years aren't going to affect the big savings picture illustrated.
  • You may be intrigued by Medicare Advantage plans but want the flexibility to see any doctor or hospital without network restrictions.
  • If you understand underwriting, the illustration presents a 6% compounding rate increase. Medigap plan HDG will likely be lower due to the healthy population it attracts. Medigap plan G will likely be higher due do the unhealthier population it attracts.  It's called adverse selection. 


Who is it not ideal for?

  • Finances aren't a concern, and you simply want the most comprehensive plan available.  Go with Plan G.
  • Aging into Medicare with chronic and/or terminal illnesses.  If you have any of the conditions in the Medicare Supplement Decline video above, Plan G or N may suit you better.


Summary:

G, N & HDG Medigap plans are all excellent choices and will serve you well. However, Medigap plan HDG is not mentioned to many because it's the lowest cost plan. It's actually the plan that would make Insurance Agents the lowest commission of any plan available. 


It's quite simple, you pay Original Medicare on Parts A & B until you reach $2490. Medicare negotiates rates well and reaching the deductible is difficult.  If you are a healthy minded individual that likes to keep money in your pocket verse the insurance company, it makes a great choice.

Learn More

Related Blogs:

  1. Reserve Fund Annuity: Incredible product paired with United Americans HDG plan.
  2. Medicare Supplement HDG: Higher level overview of this plan.
  3. Top Medicare Supplement Declines: Unfortunately, after your initial Medicare Supplement enrollment window, you may not be eligible for a Medicare Supplement plan. However, if you made it this far, you're probably good.
  4. All Blogs: Medicare, Dental, Long-Term Care and Life info.

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Get a Quote

I will send a quote on Medicare Supplement Plans G, N & High Deductible G. I will show you how High Deductible G could save you $26,493. Please check your spam for the quote from chris@chrisruhm.com

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Ruhm Insurance Agency, LLC

While this site is dedicated to Medicare Supplements, I do offer a variety of additional offerings.

Health, Dental, Life, Long-Term-Care, Disability & Annuities.


I am located in Cincinnati, Ohio, (EST). I am happy to help anytime and work around a convenient time for both of us. Currently licensed in AZ, CO, FL, IN, KY, MD, MI, MO, NV, OH, OR, PA, TN, TX & VA.  Ohio License 1136489 & National Producer Number 3772700.  Book an appointment here.

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Chris Ruhm-Insurance Advisor

Chris Ruhm-Insurance Advisor

Chris Ruhm-Insurance Advisor

 I began my insurance career in 2000 and have helped 100's of people with Medicare solutions since 2008.  I'm an independent agent that quickly learned being limited to one carrier was not in the best interest to my clients.  I have quoting access to every carrier available in your market. I determine the best plan based off your needs.

Building Relationships

Chris Ruhm-Insurance Advisor

Chris Ruhm-Insurance Advisor

I have built solid relationships with Financial Planners, CPA's, Property & Casualty Agents and Human Resource Managers to name a few. Being specific in your field allows you to cultivate strong relationships with your clients and referral partners. I am licensed in 14 states and appointed with many insurance carriers to help protect your assets in retirement. 

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This is a proprietary website and it's not, associated, endorsed or authorized by the Social Security Administration, the Center for Medicare and Medicaid Services, the Department of Health & Human Services or any State Departments of Insurance.  I am not connected with the Federal Medicare Program.


Never cancel your current policy until your new policy is effective.  Any changes to your health prior to coverage taking place needs to be reported to the insurance company, which may result in a policy not being issued.


The insurance company compensates me by helping you find a plan. Most importantly, I will never sell a policy based off an incentive or higher commission. I am a one person agency, you always get me when you call, text or email.  I will not sell, solicit or share your information with any outside sources other than what may be involved with applying for coverage with a carrier and their privacy practices.



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